Business
General Motors to pay $12.5 million to settle claims it illegally sold California driver data
General Motors has agreed to pay $12.5 million dollars to settle claims that the automaker illegally sold location and driving data of…
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Settle
Business
Oil prices settle slightly higher
Oil prices settled marginally higher on Friday (Feb 13) after data showed an overall slowdown in US inflation, helping offset supply…
Business
Oil prices settle lower as traders assess impact of winter storm on production
Oil prices settled slightly lower on Monday after climbing more than 2 per cent in the previous session as investors assessed the impact…
Business
European shares settle higher with focus on earnings, monetary policy
PEAN shares ended higher on Monday, underpinned by gains in financials in the run-up to earnings from big banks later this week. The…
Business
Oil prices settle higher on force majeure at Kazakh field, slow Venezuela exports
Oil prices closed 0.5 per cent higher on Wednesday on optimism around tighter supply after a temporary shutdown at two large fields in…
Business
Oil prices settle up as US begins holiday weekend
Oil prices settled higher on Friday as some investors covered short positions ahead of the three-day Martin Luther King holiday weekend in…
Business
Google and Character.AI to settle lawsuits alleging chatbots harmed teens
Google and Character.AI, a California startup, have agreed to settle several lawsuits that allege artificial intelligence-powered chatbots…
Business
Instacart to pay US$60 million to settle FTC claims it deceived shoppers
INSTACART has agreed to pay US$60 million in refunds to settle the US Federal Trade Commission’s allegations that the online grocery…
Business
Oil prices settle slightly higher as market assesses mounting supply risks
Oil prices settled marginally higher on Thursday as investors assessed the likelihood of further US sanctions against Russia and the…
Business
HSBC set to pay about US$300 million to settle French criminal case
The full agreement would cover the fine to end the PNF case as well as the tax bill HSBC Holdings is poised to pay around US$300 million…
Business
Oil prices settle up in low volume on US holiday; Russia-Ukraine talks in focus
Oil prices rose on Thursday as market participants weighed the likelihood that talks to end the war in Ukraine will yield an agreement,…
Business
Oil prices settle up 1% on bets Fed will cut US rates and doubts about Ukraine peace
Global brokerages remain split on whether the Fed will cut interest rates at its December meeting after last week’s mixed signals on job…
Business
Oil prices settle down at lowest in a month as US seeks Russia-Ukraine peace deal
Oil prices eased about 1 per cent on Friday (Nov 21) to settle at one-month lows as the US pushed for a Russia-Ukraine peace deal that…
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YouTube to pay US$24.5 million to settle Trump account suspension suit
ALPHABET-OWNED YouTube has agreed to pay US$24.5 million to settle a lawsuit that US President Donald Trump brought against the company…
Business
Amazon to pay $2.5 billion to settle allegations it duped people into subscribing to Prime
Amazon has agreed to pay $2.5 billion to settle accusations that the e-commerce giant tricked millions of customers into subscribing to…
Business
Oil prices settle lower, US economic concerns outweigh Fed rate cut
Oil prices eased on Thursday, settling lower as traders remained worried about the US economic outlook a day after the US Federal Reserve…
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Oil prices settle up over US$1 after global tensions mount; oversupply caps gains
Oil prices settled higher on Wednesday by more than US$1 a barrel as investors worried about possible supply disruptions after Poland…
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Oil prices settle down more than 2% after weak US jobs report
Oil prices fell on Friday (Sep 5) as a weak US jobs report dimmed the outlook for energy demand, while swelling supplies may grow further…
Business
UBS Pays US$300 Million to settle Credit Suisse mortgage case
Group said it reached an agreement with the US Department of Justice to resolve a legacy Credit Suisse matter related to the former bank’s…
Business
Oil prices dip to settle at three-week low on US and China economic concerns
Oil prices eased on Friday (Jul 25) and settled at a three-week low as traders worried about negative economic news from the US and China…
Business
Europe: Shares settle lower as investors gauge mixed earnings, EU-US trade progress
European shares closed lower on Friday (Jul 25), as investors assessed mixed corporate earnings while awaiting updates on a framework of…
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Walmart to pay US$10 million to settle US FTC lawsuit over money transfer fraud
Walmart has agreed to pay US$10 million to settle a US Federal Trade Commission (FTC) civil lawsuit accusing the world’s largest retailer…
Business
Oil prices settle down on potential further increase in Opec+ output
Oil prices settled lower on Thursday as investors weighed a report that Opec+ is discussing a production increase for July, stoking…
Business
Oil prices settle up on weaker US dollar, mixed economic news
Oil prices edged up on Thursday (Apr 24) as investors weighed a weaker US dollar, potential Opec+ output increase, mixed economic news,…